[kictanet] Agency sets Sh250m minimum capital for Konza city investors

[Ali Hussein]

Listers

Interesting article in the Business Daily today. 

 IN SUMMARY
Investors eyeing space at Konza Techno City will be required to raise between Sh250 million and Sh2.6 billion for various projects earmarked for phase one, a document from Konza Technopolis Development Authority (KoTDA) indicates. 
Investors are also required to focus on technology, engineering and innovation projects, with the demands meant to lock out land speculators.
The expression of interest will close on January 30, 2016 after which evaluation of the bids will be undertaken, setting the stage for investment flows starting next year. 

This is laudable and commendable. I'm however looking for incentives and push for the local companies & startups who may not have the millions to invest in the real estate but are brimming with ideas and enthusiasm. 

Ali Hussein
Principal
Hussein & Associates
+254 0713 601113 / 0770906375

Twitter: @AliHKassim
Skype: abu-jomo
LinkedIn: http://ke.linkedin.com/in/alihkassim
Blog: www.alyhussein.com

"Discovery consists in seeing what everyone else has seen and thinking what no one else has thought".  ~ Albert Szent-Györgyi

Sent from my iPad
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://lists.kictanet.or.ke/pipermail/kictanet/attachments/20151118/815522bf/attachment.htm>